ex99-1.htm

Long-Term Value Drivers

Short-Term Action Plan

Expense
management

Focus on capital
preservation

Review of variable
annuity product
pricing and design

Monitoring asset
quality

Lincoln Financial’s Positioning

Retirement opportunity
remains compelling

Multi-channel
distribution franchise,
driven by value of
advice

Balanced business
model

Disciplined approach
to product design,
pricing, and risk
transfer

Retirement

Solutions

42%

Insurance

Solutions

52%

LNUK 3%

Spreads

40%

Mortality &
Morbidity

30%

Asset Base

30%

Investment
Mgmt. 3%

Earnings*

Margins**

* Based on LFG after-tax 3Q 2008 income from operations including notable items as defined in the earnings press release, excluding Other Operations

** Based on 3Q 2008 pre-tax contribution margins including notable items as defined in the earnings press release, excluding Other Operations

See appendix at the end of this presentation for a reconciliation of income from operations to net income and a schedule of notable items

Diverse and Balanced Earnings Mix

W/R

BANK

MGA

TPA

LINCOLN FINANCIAL
NETWORK

7,300+ Retail Advisors

GROUP PROTECTION
DISTRIBUTION

140+ GP Wholesalers

LINCOLN
FINANCIAL
DISTRIBUTORS

800+ Wholesalers

INSURANCE
SOLUTIONS
Group Protection

INSURANCE
SOLUTIONS
Life Insurance

RETIREMENT
SOLUTIONS
Individual Annuities

RETIREMENT
SOLUTIONS
Defined Contribution

Note: Wholesaler and planner counts as of September 30, 2008. LFD Wholesaler count includes 85 DC wholesalers

INVESTMENT
MANAGEMENT
Retail Investments

Centralized, Advice-Driven Distribution

* Based on estimated excess capital position at September 30, 2008, of approximately $500 million

“The Topic” - Capital

Strong capital position entering 2008 and 4Q

Excess capital* + Actionable capital levers =
~$1.5 Billion

Dividend reduction

Cost control

Reinsurance strategies

Corporate assets

Taken necessary steps to qualify for TARP

No current plans to raise common equity

Product Innovation and
Responsiveness

Insurance Solutions
Retirement Solutions

Operational Effectiveness

Comprehensive
Risk Management

Distribution Depth
and Breadth

Cornerstones of Our Success
Underlying Principles Remain the Same

Total Life Sales	UL Sales	LTD Contracts
# 3	# 1	# 3

Life Insurance

Deep distribution relationships: Top 3 manufacturer in
majority of strategic partners*

Industry leading underwriting

“Back to Basics” Term, UL and MoneyGuard

Group Protection

Strong position in <500 lives

New distribution model paying off

Focus on growing voluntary market

Rankings Source: LIMRA, US sales; LTD (long-term disability) based on number of contracts sold year-to-date as of June 30, 2008. Total Life and UL
(universal life) ranking based on year-to-date sales data as of September 30, 2008

* Based on year-to-date sales as of September 30, 2008

Insurance Solutions
Life Insurance and Group Protection

Individual VA Sales	Individual Fixed Annuities	403b Plan Assets
# 5	# 10	# 6

Defined Contribution

Strong new business pipeline; gaining market share

403(b)e Sure and Director

Regulatory catalysts

Annuities

Market share gain in ’08

Increased VA shelf space: #1 VA provider in
6 of 10 top partners*

Environment shaping changes

Annuity Rankings Source: VARDS and LIMRA, US sales; based on year-to-date sales as of June 30, 2008

DC Ranking Source: LIMRA, based on assets at December 31, 2007

* Based on year-to-date sales as of August 31, 2008

Retirement Solutions
Annuities and Defined Contribution

Market Leader

* As of October 31, 2008

** Data reflects S&P implied volatility for 5-year at-the-money options. Increase represents the October 2008 average versus the 3-year average from
09/30/05-09/30/08

The “Tail”

S&P 500 down 34% YTD*

Implied volatility in October
up 50% from averages**

Stochastic Scenarios

Expected Return

Variable Annuity Environment
Living in the “Tail”

Solution still compelling:

“Security” and predictable
lifetime income

Rebalance value
proposition to shareholder,
distributor, policyholder
needs

Monitoring competition

In force levers

DAC & model refinements

Market Impact**:

Variable Annuities: -$7.1b

Defined Contribution: -$2.7b

Delaware: -$6.5b

Positive insurance flows

Stable spreads & mortality
margins

Strong group loss ratios

$352mm

$337mm

Life Insurance

Group Protection

Annuities

Defined Contrib.

Investment Mgmt.

Other Operations

Avg. diluted shares

272.5 257.6

Earnings Drivers

* See appendix at the end of this presentation for a reconciliation of income from operations to net income and a schedule of notable items

** Represents equity market impact on variable account values in the third quarter of 2008

3Q Income From Continuing Operations
Adjusted for Notable Items*

Third Quarter

S&P 500

Dow Jones

S&P Financials

Equity Market Returns

December 31, 2007 - October 31, 2008

Equity Market Quarterly DAC Corridor

September 2004 - September 2008

S&P 500 down 17% in October:

Retirement Solutions account values down ~$11 billion

Estimated DAC unlocking of $200-$300 million, after-tax

+ Outer

+ Inner

Base

- Outer

- Inner

pvEGPs

10%

-60%

-20%

-40%

October Equity Markets

Holding Company

Insurance Company

CP: $300m issued under
$1b program

$1 billion of unused and
multi-year bank line
capacity

Joined Federal Treasury
CP Funding Program

Next maturity of $500m
due April 2009

$3 billion of liquidity

No meaningful change
in product lapse rates

FHLB: $250m of
borrowings under $1b
program

Sec Lending: $500m
lent, collateral invested
in s-term liquid assets

Solid liquidity with diverse contingencies

As of November 14, 2008

Liquidity Position

General account placed in
a defensive position

Spreads continue to
widen in October

OTTI and “intent to hold”
dictates impairment

RMBS/CMBS reasonably
well positioned

Financial concentration
helped by global capital
infusion

Mortgage metrics are
solid heading into
slowdown

Gross Unrealized Losses

$4.96 Billion

Financial Sector
$1.35 billion

Corporate General
$1.62 billion

ABS/CDO
$502 million

RMBS $968
million

CMBS $292 million

Muni/Gov $82m / Other $144m

As of September 30, 2008

* AFS securities only; RMBS includes CMOs, Mortgage Pass Throughs, Home
Equity ABS; CMBS includes Commercial Real Estate CDO; Other includes
preferred stock and equity securities;

Asset Quality and Unrealized Losses

GAAP Earnings

Statutory Capital

AG 34 and 39

VACARVM in 2009

C3 Phase 2

LNC

Lincoln
Life

Captive
Re

Premium

Reserve
Credit

Captive Reduces Statutory Volatility

Q105

Q305

Q106

Q306

Q107

Q307

Q108

Q308

* Expected Run Rate = ongoing cost of the hedge program representing option premium amortization and implied borrowing costs on hedge instruments

Focused On Economics

VA Capital and Reserving

Built-up strong capital position heading into 2008

October markets (CARVM) reduced RBC by 20-25 points

Potential negatives - investment losses and annual cash flow testing

Potential positives - securitization, cost saves, reduced new business strain

* Represents statutory results of Lincoln National Life Insurance Company and Lincoln Life & Annuity of New York; Excludes First-Penn Pacific Life
Insurance Company; 2006 represents pro forma data to include Jefferson-Pilot legal entities

Estimate

Statutory Capital Conditions

Lincoln’s Position:

Communicate proactively and transparently

Target AA category

Relative ratings critical to competitive positioning

Agency	Financial Strength	Holding Company	Liquidity
Standard & Poor’s	AA “Stable”	A+ “Negative”	A-1
Moody’s	Aa3 “Stable”	A3 “Stable”	P-2
Fitch	AA “Stable”	A “Stable”	F-1
A.M. Best	A+ “Stable”	a “Stable”	AMB-1

Rating Agencies

S&P affirmed all ratings

Moody’s, Fitch, and AM Best pending

Lincoln’s Position:

Strong RBC and >$500m of excess capital at 9-30-08

Suspended share repurchases, cut dividend, controlling costs

$1 billion in levers available, filed TARP application

Monitoring conditions and communicating with agencies

Actions

Capital Raise

Reduced Dividend

Cost control & scaling
back investment

Reserve Securitization

Potential Sale of
Corporate Assets

Reinsurance transactions

$200m annually

$100- $150m annually

$300 - $400m

$200 - $300m

$300 - $400m

Capital Strategy

Net Income

Less:

Excluded realized gain (loss)

Income (loss) from reserve changes (net of related
amortization) on business sold through reinsurance

Income (loss) from discontinued operations

Income from Operations

Earnings per share (diluted)

Net Income

Income from Operations

Average Equity

(Excluding accumulated other comprehensive income)

Return on Equity

Net Income

Income from Operations

($ in millions, except per share
data)

For the Quarter Ended
September 30,

$148.4

-166.8

0.4

-1.0

$315.8

$0.58

$1.23

$11,308

5.2%

11.2%

$329.6

-42.7

0.4

6.6

$365.3

$1.21

$1.34

$11,726

11.2%

12.5%

2008

2007

Net Income to Operating Earnings
Reconciliation

Reported

DAC & Model
Adjustments

Tax-related
Items

Seed Capital

Expenses

Other

Retirement Solutions

Annuities

Insurance Solutions

Defined
Contrib.

Life
Insurance

Group
Protection

Invest.
Mgmt.

Lincoln
UK

Other
Operations

137

-25

-2

-6

-3

-2

-38

Total

118

167

-38

131

-12

3Q 2008 Income From Operations
Schedule of Notable Items

Reported

DAC Unlocking
& Model Adj.

Tax-related
Items

Expenses

Loss Ratio vs.
Expected

Other

Retirement Solutions

126

-1

-3

123

Annuities

Insurance Solutions

Defined
Contrib.

Life
Insurance

Group
Protection

Invest.
Mgmt.

Lincoln
UK

Other
Operations

-4

-1

183

-4

168

-5

-50

-5

-3

-42

Total

3Q 2007 Income From Operations
Schedule of Notable Items

All data presented as of September 30, 2008, at amortized cost; Other includes equity securities, policy loans, derivative instruments, and other
investments; CMBS includes Commercial Real Estate CDO; RMBS includes CMOs, Mortgage Pass Throughs, Home Equity ABS

Ratings are based on Bonds (Corporates, UST/Agency/Muni) and Structured Products (ABS/CDO, CMBS, RMBS); AFS securities only; Ratings
represent the middle rating of the three rating agencies (S&P, Moody’s and Fitch) and vary slightly from the NAIC ratings disclosed in the third quarter
2008 Form 10-Q

Total Invested Assets

$72 billion

Average Rating: “A”

$56 billion

Real Estate
<1%

Corporate
Bonds

54%

RMBS

14%

Comm.
Mortgages
11%

UST/Agency/Muni 4%

CMBS 4%

Alternative
Inv 1%

ABS/CDO 2%

Trading Sec 3%

Other
7%

Portfolio Allocation

* AFS securities only; High yield defined as BB and below

** Excludes Lincoln UK; AFS securities only; Book value; Ratings represent the middle rating of the three rating agencies (S&P, Moody’s and Fitch) and vary
slightly from the NAIC ratings disclosed in the third quarter 2008 Form 10-Q

Pre-Merger

High Yield Trend*

YTD Purchases/Sales
through Sept. 30, 2008**

Portfolio Allocation Trend
Moved into a Defensive Position

All data presented as of September 30, 2008, at amortized cost; AFS securities only; Ratings represent the middle rating of the three rating
agencies (S&P, Moody’s and Fitch) and vary slightly from the NAIC ratings disclosed in the third quarter 2008 Form 10-Q

Ratings

BBB

45%

40%

AA
7%

BB and
below

Corporate Bonds	$ in millions
Financial Services	10,363
Basic Industry	2,339
Capital Goods	2,675
Communications	2,637
Consumer Cyclical	2,954
Consumer Non-Cyclical	4,269
Energy	2,937
Technology	737
Transportation	1,271
Industrial Other	680
Utilities	8,374
Total	$39,236

AAA 1%

Corporate Bonds

Data as of September 30, 2008 at amortized cost; AFS securities only

Top 20 Financials
	$mm	% of Inv. Assets
General Electric	236	0.3%
Regions Financial Corp	213	0.3%
JPMorgan Chase	203	0.3%
Goldman Sachs Group Inc	198	0.3%
Wachovia Corp	196	0.3%
Bank Of America Corporation	190	0.3%
HSBC Holdings	171	0.2%
Royal Bank of Scotland	170	0.2%
BB&T Corporation	168	0.2%
Citigroup Inc	145	0.2%
Morgan Stanley	145	0.2%
United Healthcare Group	140	0.2%
Bank Of New York Inc	136	0.2%
ING Groep NV	119	0.2%
Rabobank Nederland N.V.	116	0.2%
Suntrust Banks Inc	116	0.2%
Metlife Inc	107	0.1%
Westpac Banking Corp	105	0.1%
Wellpoint Health Networks	103	0.1%
PNC Financial Services	99	0.1%

Health
Insurers

Banking

47%

Brokerage

Life
Insurers

P&C
Insurers

11%

REITs

Non-Captive

Diversified

Non-Captive
Consumer
4%

Other 5%

Corporate Bonds
Exposure to Financials

Attachment / Detachment Points

Est # of Defaults with No Loss to Tranche

Est # of Defaults with 100% Loss

Actual # Defaults to Date

CDS Recovery

Tranche Rating

Rating Agency

Original # of Issuers

Average Quality of Underlying Issues

Maturity

$400mm

December 2006

$200mm

April 2007

4.77%-5.78%

Floating

A+

S&P

125

A-

12/20/16

1.48%-2.50%

70% Fixed

Baa2

Moody's

100

3/20/17

Deal Statistics

Credit Linked Notes (CLNs)
As of October 31, 2008

* Represents only those securities in an unrealized loss position

**Represents only those securities with a market value less than 70% of book value for greater than 12 months

***Corporates include Emerging Markets Debt and Municipals; CMBS includes Commercial Real Estate CDOs

Corporates***

ABS/CDO

CMBS***

RMBS and
Related ABS

Government/Government Agencies

Equities

Total AFS Securities

$ millions

AFS - Securities

CLN
Other ABS/CDO

2005 and Earlier
2006 and Later

Prime/Agency
Alt-A
Subprime

Amortized
Cost**

Unrealized
(Losses)

Unreal.
Loss
% of Cost

Market/Book <70%
and Age >12 Months

Amortized
Cost*

Unrealized
(Losses)

Unreal.
Loss
% of Cost

Total

30,128

600
639

1,807
408

3,743
1,300
754

373

618

40,370

-3,041

-421
-81

-215
-77

-401
-370
-197

-16

-144

-4,963

-10.1%

-70.2%
-12.7%

-11.9%
-19.0%

-10.7%
-28.4%
-26.2%

-4.4%

-23.2%

-12.3%

888

600
34

181
60

251
305
189

2,508

-374

-421
-20

-97
-25

-123
-175
-93

-1,328

-42.1%

-70.2%
-57.4%

-53.9%
-41.4%

-48.9%
-57.6%
-49.0%

n/a

-52.9%

Gross Unrealized Losses
As of September 30, 2008

Excludes residential loans (7 loans totaling $198,080)

* Net of GAAP premium/discount, default charges & service fees

All data as of September 30, 2008, excludes Lincoln UK

Mortgage Loan Portfolio

1,368 Loans

Principal Balance of $7.6 Billion

Wtd. Avg. Gross Coupon of 6.47%

Wtd. Avg. Net Coupon of 6.40%

Wtd. Avg. Net Book Yield of 6.31%*

Wtd. Avg. Maturity of 8.7 years

Avg. Loan Size of $5.6 Million

Wtd. Avg. Loan-to-Value of 59%

Wtd. Avg. Debt Service Coverage of 1.53x

Amortizing Loans - 98% (Based on # of Loans)

* Weighted Averages

All data as of September 30, 2008, excludes Lincoln UK

Originations	2006	2007	YTD 9/30/08
Loans Closed	113	143	96
Total Amount ($ million)	752	1,123	703
Debt Service Coverage*	1.39x	1.39x	1.41x
Loan-to-Value*	64%	63%	59%

Portfolio Principal Balance by LTV

Mortgage Loan Portfolio

Summary

Challenging market conditions

Shift towards higher quality and away
from riskier credits

Well-diversified portfolio

Long-term focus and strong credit skills
allow us to take advantage of short-term
opportunities

ACLI data as of June 30, 2008

Life Companies with Portfolios over $5B

Based on Principal Balance

Excludes Residential

All data is as of September 30, 2008 (unless noted otherwise); excludes Lincoln UK

ACLI

Lincoln

Mortgage Loan Portfolio by Region

ACLI data as of June 30, 2008

Life Companies with Portfolios over $5B

Based on Principal Balance

Excludes Residential

All data is as of September 30, 2008 (unless noted otherwise); excludes Lincoln UK

ACLI

Lincoln

Mortgage Loan Portfolio by Type

We Believe…

In the Retirement Income Opportunity

Responsibility and risk transferred to individuals

In the long term growth opportunity of equities

We understand the risk

Mortality/Longevity

Policyholder Behavior

Other claims drivers

The industry value proposition will evolve

Protect Assets Today and Tomorrow

Lincoln SmartSecuritySM Advantage

Guarantee Income Today

i4LIFE® Advantage with GIB

Age

Protection feature with upside
opportunity from market performance.

Immediate income solution with
downside protection.

Protection feature with upside from market
performance and a guaranteed enhancement (5%)
when withdrawals are delayed.

Protection feature with upside from market
performance and a guaranteed enhancement
(every 3 years, 15%) when income is delayed.

Minimum Income Tomorrow

Lincoln Lifetime IncomeSM Advantage

4LATERSM Advantage

Living Benefit Suite & Positioning

Roll-up: Increases the Guaranteed Amount (starts at the initial deposit)

Double: Increases Guaranteed Amount, generally at age 70 or after 10 years, doubles initial deposit

Reset: When Account Value exceeds roll-up value, establishes new Guaranteed Amount

	Fee	Roll-up & Method	Double	Reset
Lincoln	75 bps	5% Compound	Yes	Annual
Lincoln	90 bps	i4LIFE® Advantage with GIB		Annual
Market	60 bps	5% Compound	Yes	Monthly
	75 bps	6% Compound	Yes	Annual
	65-95 bps	7% Simple/Compound	Yes	Annual to Daily
	65 bps	7.25% Compound	Roll-up does this	Annual
	75 - 85 bps	10% Simple	Roll-up does this	Annual to Quarterly

Competitive Positioning

* As of September 30, 2008; Includes fixed portion of variable annuities

50%

16%

29%

VA Account Value

VA Deposits

$3.0

$2.6

31%

42%

27%

20%

15%

22%

Account Value = $54 billion*

($ billions)

No Living Benefit

Other Guaranteed Withdrawal Benefits

Guaranteed Income Benefits

Lifetime Income Advantage

43%

Individual Variable Annuity
Living Benefits Profile

GMDB by Type

33%

46%

13%

Distribution by AV / DB

Account Value = $54 billion*

* As of September 30, 2008; Includes fixed portion of variable annuities

39%

51%

<60%

60-80%

80-100%

100-130%

>130%

Individual Variable Annuity
Guaranteed Death Benefits Profile

NVP vs Fees for a sample product

Conditions are changing rapidly - leading to
swings in profitability for new issues

Fees

NVP

		Sales Weighted (2007-08)	6/30/08	9/24/08	10/17/08
LSSA	IRR	24-25%	18-19%	13-14%	4-5%
Charge = 65	NVP	51	70	81	98
LLINC	IRR	11-12%	16-17%	12-13%	-(2-3)%
Charge = 75	NVP	90	81	92	115

Product Profitability
Current Market Conditions

As of 9/30/08, most of
our GMWB business
was “in the money”,
defined as:

AV / Guar Amt <100%

No account value
growth

100% immediate
benefit utilization

No lapse or
mortality

Stressed Illustration of Claim Patterns

“In the Moneyness” for GMWB

GAAP

* Represents 09/30/2005 - 09/30/2008

4Q07

3Q07

1Q08

2Q08

3Q08

SAP

Target

DB Reserves

Hedge

	9/30/08	Oct Avg.	3yr Avg.*
10 yr Implied Vol	30.1	33.0	24.8
30 yr Swap Spread	39.3	14.4	53.6

Liabilities and Hedge Assets

Target is based on current
market assumptions

GAAP reserve is
Target minus Non-
Performance Risk

Statutory reserve is not
very market sensitive

Reported “Breakage”
is versus Target

Hedge is market
value of assets

Risk Transfer Spectrum

No hedge

3-Greek

Reinsurance

Structured Hedges

Delta Only

Risk/Return

LNC

Risk Transfer

A long term view

Not a “callable” liability

Accumulate assets to fund future claims

Product features drive risk transfer needs

Under current design, extreme volatility may lead
to breakage

Strong governance

Not shown on chart DC $.001 billion

$1.0
Billion

$0.1
Billion

$0.93
Billion

$0.14
Billion

$0.03
Billion

Living

Benefits

Death

Benefits

Put Options

Variance

Swaps

Interest Rate

Swaps

Assets and Liabilities
As of September 30, 2008

Hedging the economics

LB: SFAS 133

DB: SOP 03-1

Significant difference
between hedge target
and SAP liability

LB: $1.0 vs $0.3 billion

DB: $0.1 vs $0.2 billion

Reinsurance credit
supported by captive
assets

Living Benefit Hedge Performance

3Q08 breakage of $330 million

$150 million loss from funds basis risk (4.5% under index)

$125 million of breakage on 4 days**:

Hedge target increased $1 billion vs $680 million for entire quarter

Vega shortfall at end of 3Q; not moving to cover

October breakage more severe; story largely the
same

As of September 30, 2008

Counterparties

13 Counterparties

Maximum gross exposure of $216 million

Maximum net exposure of $40 million

All rated A+ and above

$1.1 billion of gross exposure; $0.3 billion of
exposure net of collateral

Thresholds for posting collateral are negotiated
and depend on size and rating

If counterparty rating drops, then threshold is
lowered

Holding Company guarantee facilitates
relationship with captive

Captive

LNL

LNC

Premiums/Risk

Reserve Credit

Captive Reinsurance

Allows for clearer view to risk economics

Provides capital stability

VACARVM requires review of structure

Regularly monitor captive capital and economics

6. Increase
segment
operating
margins

2. Implement
effective and
consistent
investment
processes

4. Drive organic
growth

5. Continually
improve
efficiency

3. Deliver
superior
investment
results

Delaware
Investments

Our Focus Areas

Financial Update
Year-to-Date September 30, 2008

Operating Income of $32.4 million compared to
September 2007 of $49.3 million

Major items of note when comparing year-to-date results:

YTD revenue $97m below YTD 07 primarily driven by
market declines and sale of institutional fixed income
business in October 2007

YTD earnings include a loss on seed capital of
$10.6m versus a gain of $5.1m YTD 2007

YTD expenses $70m below YTD 07

Lower compensation expenses

Lower variable expenses

Lower Corporate overhead charges

Note: Wholesaler counts as of September 30, 2008; Wholesaler count includes 85 DC wholesalers, excludes 143 Group Protection wholesalers

W/R

BANK

MGA

TPA

LINCOLN
FINANCIAL
DISTRIBUTORS

800+ Wholesalers

RETIREMENT
SOLUTIONS

INSURANCE
SOLUTIONS

INVESTMENT
MANAGEMENT

Centralized, Advice-Driven Distribution

* Based on total count of 844 as of September 30, 2008

Data includes external wholesalers, internal wholesalers, and sales management

Number of
Wholesalers

Wholesalers by
Product*

Variable
Annuities

47%

Life 21%

Investments
9%

MoneyGuard

10%

Fixed Annuities
3%

Defined
Contribution

10%

Scale of Wholesaling

Strategic Partner

Life

Edward Jones

Smith Barney

UBS

LFN

Merrill Lynch

Morgan Stanley

Sales Rankings*

* Based on year-to-date sales as of August 31, 2008

** Seven possible product categories

# of Product
Categories
Offered**

Strategic Partner Focus

What We Mean to Them….

Growth Opportunities

Deepen Current Relationships

Market share with Existing Platform

Introduction of other Lincoln Capabilities

New Distributors

Edward Jones - ChoicePlus VA

WAMU - Life & MoneyGuard

Sun Trust - Annuities

Wells Fargo - Annuities

Citigroup/Smith Barney - Defined Contribution

Merrill Lynch - Defined Contribution

Lincoln Financial Retail

Cross-Selling

Institutional Life Sales

Independent

Full Service
Support

Lincoln Financial Network Overview

7,300 affiliated producing advisors

Flexibility in advisor affiliation ranging from full
service support to independent, self-service
practice

2 broker-dealers and access to 2 industry-leading
clearing firms

LFN Strategies for Success

Growing number of productive advisors

Nationwide footprint

Open architecture & affiliation choice

Best-in-class products

Deep financial planning expertise

National recruiting platform investment

The leverage of Lincoln Financial Group